A Small-Business Guide to Contract Financing

There are a few new lenders in the contract financing realm that are working with small businesses that have locked-in contracts with customers and need working capital. These lenders advance money on work contracts so that small businesses have funds for day-to-day operations before payments on the work contract kick in.

Typically, a small business will seek out contract financing when they enter into a contract larger than any previous engagements and need immediate capital in order to fulfill the contract while also managing other business obligations.